Hi,I am looking to get more active in real estate - goal is to get to $25,000 to $35,000 in additional rental earnings per year in the next two years to allow me to quit my day job.I live in the Washington, DC area an...
Does anyone who had claimed status as a Real Estate Professional with the IRS also have a full time job? I own 4 rental properties and I also work from home a medical supplies sales rep. I buy and manage the propertie...
This came across my news feed on Next Door and I thought I would share it here for folks that do short term/AirBnB type rentals in Denver => http://www.denvergov.org/content/denvergov/en/denver-auditor/newsroom/201...
I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
Is there a time limit on how long I must have owned a property, before I can sell it and 1031 exchange the proceeds into something bigger? If so, how long?
Hello BP. I've come to really appreciate and value the opinions and advice on BP, so I thought I would solicit some responses on an idea I've had lingering for some time.
As of right now, my team consists of myself,...